5 ms·
> As the growth limits of free-market economies are approached, the logic of late-stage capitalism dictates that new markets must be identified and aggressively
by legitster 5y ago
> As the growth limits of free-market economies are approached, the logic of late-stage capitalism dictates that new markets must be identified and aggressively pursued.
Also, "late-stage capitalism" was first identified... 120 years ago. If it's late stage, it's lasting an awful long time.
The reality is this is happening everywhere - how have we not run out of movies or music or books or ideas? New genres must be identified and aggressively pursued - and yet we are dealing with growth limits there as well. If late-stage capitalism is a thing, I would argue we are more in a late stage society.